{"id":9899,"date":"2022-04-07T11:59:48","date_gmt":"2022-04-07T11:59:48","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/opensea-now-supports-solana-nfts-in-beta\/"},"modified":"2022-04-07T11:59:50","modified_gmt":"2022-04-07T11:59:50","slug":"opensea-now-supports-solana-nfts-in-beta","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/opensea-now-supports-solana-nfts-in-beta\/","title":{"rendered":"OpenSea Now Supports Solana NFTs in Beta"},"content":{"rendered":"
\n
Source: AdobeStock \/ FellowNeko\u00a0<\/figcaption><\/figure>\n

\u00a0<\/p>\n

Non-fungible tokens (NFTs) based on the Solana (SOL) blockchain, a public blockchain and a rival to Ethereum (ETH), are now supported by the major NFT marketplace OpenSea<\/strong>.<\/p>\n

According to OpenSea’s website, the support for Solana NFTs is currently in beta and comes with limited collection coverage. “Full launch will include a scalable way to expand coverage via the Metaplex <\/strong>collection standard,” OpenSea said.<\/p>\n

As of now, collectors can explore, buy, and sell eco-friendly Solana NFTs from 165 supported collections. Also, Solana’s advantage compared to Ethereum are low gas fees.<\/p>\n

\n
\n

During beta, we\u2019re excited to collect feedback and improve the Solana experience. We\u2019re currently supporting 165 collections, and adding more every day.<\/p>\n

Please share the Solana creators and collections we should add next in this thread and with the hashtag #OpenSeaSolana<\/a><\/p>\n

\u2014 OpenSea (@opensea) April 6, 2022<\/a><\/p><\/blockquote><\/div>\n

The announcement comes just one week after OpenSea teased Solana support in a video. However, rumors of Solana support had been circulating since the start of the year and such a move was largely expected given that Solana is home to one of the fastest-growing NFT ecosystems.<\/p>\n

Meanwhile, OpenSea’s Solana integration is powered by Metaplex, an organization enabling artists and creators to launch self-hosted NFT storefronts on Solana.<\/p>\n

In a recent report, Metaplex revealed the explosive growth of the NFT sector on Solana, detailing that over 3 million Solana wallets currently hold NFTs, of which 700,000 are monthly active.\u00a0<\/p>\n

Moreover, 9.7 million NFTs have been minted on the Solana blockchain so far. And since June 2021, USD 2.2bn in total sales have been recorded, per the report.<\/p>\n

____<\/p>\n

<\/strong>
– Solana NFTs to Get a Boost with Upcoming OpenSea Support
– Solana Outpaces Ethereum<\/p>\n

– Solana’s Network Congestion Prompts Liquidations, Drives Away Users
– Removing LooksRare’s USD 8.3B in Wash-Trades, OpenSea is Still the Dominant NFT Marketplace<\/p>\n

– OpenSea’s Trading Volume Remains in a Downtrend Amid Recent Attacks
– Decentralization Debate Heats Up Again as MetaMask, OpenSea Block Users<\/p>\n

\u00a0<\/p>\n<\/p><\/div>\n